The price of natural gas could go down, as of May, by more than the 7% envisaged. The reason is the collapse of the price of oil and its derivatives on the world markets over the past few days.
“The recalculations will be presented on 1 May,” said Bulgargaz CEO Nikolay Pavlov. Whether central heating and hot water prices will go down and by how much, as a result of the drop in natural gas prices, is yet to become clear. Under the agreement concluded recently between Bulgargaz and its Russian supplier Gazprom Export, the price of oil is calculated every month according to a formula which includes the prices of oil and gas from several European hubs.
Bulgaria's Prime Minister Rosen Zhelyazkov has invited King Charles III to visit Bulgaria again , the Council of Ministers announced. The two spoke at the royal reception organized on the occasion of the Berlin Process summit in London , which..
Legislative amendments banning individuals sanctioned under the global Magnitsky law from holding senior government or party positions will likely be submitted to Parliament as early as Thursday by the Vazrazhdane party, MP Petar Petrov told BNR...
The Renew Europe political group in the European Parliament has established a working group to examine instances in which the Bulgarian government may have acted against the rule of law. The move comes in response to what the group describes as..
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